Financials
Financial year 2024
M-Y-CARS from Verviers, company number BE0848411191, closed financial year 2024 with a result of € 4,179 after tax. For that financial year M-Y-CARS recorded a gross margin of € 7,641 and equity of € 27,677. Compared with financial year 2023, the result moved from € 2,803 to € 4,179. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2025.
€ 27,677
▲ 18% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 4,179
▲ 49% vs 2023
Profit after tax over the fiscal year.
€ 27,058
▲ 33% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 9,077.
People and assets in 2024
€ 889
Book value of vehicles, furniture and equipment.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 1,958
▼ 27% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 4,185
▲ 36% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € -31 | € 13,436 | € 7,102 | € 7,641 | ▲ 8% |
| Profit after taxes | € -2,900 | € 12,130 | € 2,803 | € 4,179 | ▲ 49% |
| Equity | € 8,565 | € 20,695 | € 23,498 | € 27,677 | ▲ 18% |
| Total debts | € 4,453 | € 7,701 | € 6,341 | € 6,707 | ▲ 6% |
| Cash | € 1,084 | € 21,598 | € 20,336 | € 27,058 | ▲ 33% |
| Retained profit | € -10,035 | € 2,095 | € 4,898 | € 9,077 | ▲ 85% |
| Balance sheet total | € 13,018 | € 28,396 | € 29,839 | € 34,384 | ▲ 15% |
Key figures of M-Y-CARS, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to M-Y-CARS?
What happened at M-Y-CARS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 4,179 (▲ 49% vs 2023). filed late Source: NBB ↗
- New establishment in Verviers. KBO
- Start of the company according to the CBE. KBO
In short
From € 2,900 loss in 2021 to € 4,179 profit in 2024.
Paid € 3,548 in corporate taxes since 2021.
Best year ever: 2022, with € 12,130 profit.
A new publication or filing at M-Y-CARS? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind M-Y-CARS are YOUSSEF GZARRA and MUHAMMED SAY.
Directors
According to the 2024 annual accounts
YOUSSEF GZARRA
Director
MUHAMMED SAY
Director
Establishments
Establishment units
Physical locations of this company
Rue du Moulin 56
4800 Verviers
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0848.411.191
- VAT number
- BE 0848.411.191
- Registered office
- Rue du Moulin 56, 4800 Verviers
- Names & denominations
- M-Y-CARS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 September 2012
- Peppol
- Active · Active since 24 Nov 2023
- Contact
- m-y-cars.be [email protected]
- Activities · NACE
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (<= 3,5 ton)
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (= 3,5 ton)
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)